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You will not be subject to tax. The amount is not large enough to be subject to any Federal estate tax. And there is no Federal inheritance tax and no Arizona estate or inheritance tax. Further, there will be no tax on the sale of the property because the basis of the property gets adjusted to its fair market value upon your mom's death. So, when you sell it for that amount, there is no gain on the sale and thus no tax will be due. :)
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